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The importance of guarantors in safeguarding tenancy payments

The importance of guarantors in safeguarding tenancy payments

Information

Guarantors in rental agreements provide financial security for landlords. Understand their role, responsibilities, and tips for both parties.

Labour will allow 'bidding wars' but only if tenants start them

Labour will allow 'bidding wars' but only if tenants start them

News

The Labour party has clarified that although it will seek to stop agents and landlords encouraging bidding wars, tenants will be allowed to make ‘voluntary’ higher offers above the original rental asking price.

NRLA backs Labour's plan to stop bidding wars for rental homes

NRLA backs Labour's plan to stop bidding wars for rental homes

News

The NRLA has backed Labour’s proposal to stop landlords and letting agents enabling ‘bidding wars’ by requiring them to advertise a proposed rent based on market rates, with bids above that figure prohibited.

Landlord to repay tenants £21,500 after Tribunal probe

Landlord to repay tenants £21,500 after Tribunal probe

News

Four tenants will share a £21,515 rent repayment order after they took their landlord to court for repeatedly failing to licence his HMO.

JUDGE: Landlords cannot charge tenants who leave early for 'losses'

JUDGE: Landlords cannot charge tenants who leave early for 'losses'

News

A landlord has been ordered to pay two former tenants £2,252 after a judge ruled that his letting agent agreement contravened the Tenant Fees Act.

Tenants want rent controls and more rights, new poll reveals

Tenants want rent controls and more rights, new poll reveals

News

Private renters want the next government to control the pace of rent rises, build more homes and increase their rights and protections.

Section 21 evictions ban will not be 'immediate' Rayner interview reveals

Section 21 evictions ban will not be 'immediate' Rayner interview reveals

News

Labour’s deputy leader Angela Rayner has admitted her promise to ban Section 21 ‘no fault’ evictions immediately after a General Election win isn’t quite what it seems.

TOM's Ultimate Guide for landlords, whose tenants can't pay the rent

TOM's Ultimate Guide for landlords, whose tenants can't pay the rent

Information

More than half of landlords have reported having lost some rental income due to their tenants struggling to afford the rent

'Rent rises must be allowed in Scotland or supply will dwindle more'

'Rent rises must be allowed in Scotland or supply will dwindle more'

News

A leading Scots letting agent has warned that unless the Scottish government amends its rent control plans to allow for future increases, the level of investment in the country’s PRS will continue to slide.

Elderly landlord to pay £23,000 after tenant's complaint

Elderly landlord to pay £23,000 after tenant's complaint

News

A rogue landlord has been ordered to pay more than £23,000 after letting out a dilapidated and dangerous house to a family in Camber.

'Labour's plan to devolve power will see rent controls by back door'

'Labour's plan to devolve power will see rent controls by back door'

News

Labour could introduce rent controls via the back door by devolving power to regional and city mayors, a property expert warns.

UK's largest renting trade bodies warn political parties

UK's largest renting trade bodies warn political parties

News

Two of the UK’s biggest trade organisation representing the private rental sector have revealed their concerns over the big political parties’ electoral promises to crack down against landlords.

Major housebuilder switches to renting, not selling homes

Major housebuilder switches to renting, not selling homes

News

Housebuilder Berkeley has announced its ambition to become a big player in the build-to-rent market amid sluggish demand from buyers.

Rent controls do not work and never will, expert warns Labour

Rent controls do not work and never will, expert warns Labour

News

Rent controls are a potential bombshell in Labour’s manifesto that could have unintended consequences, according to one property expert.

8 essential things for prospective landlords to consider before purchasing a buy-to-let

8 essential things for prospective landlords to consider before purchasing a buy-to-let

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It's essential to ensure that property is the right investment vehicle for you and to choose a property and type of let that aligns with your financial objectives.

Three steps to auction finance success

Three steps to auction finance success

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Three essential steps to secure auction finance successfully—navigate bidding, funding, and acquisition with confidence.

NEW: Labour launches broadside against bad landlords and 'vested interests'

NEW: Labour launches broadside against bad landlords and 'vested interests'

News

Labour has launched a broadside against bad landlords as it adds more flesh to its manifesto bone in a bid to win the ‘renter vote’.

Scots and English Labour disagree publicly over rent controls

Scots and English Labour disagree publicly over rent controls

News

Scottish Labour have promised that their new MPs will push for rent controls, despite the national party coming out against them.

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OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

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An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base

Well-known landlord jailed after defrauding HMRC out of £500,000

Well-known landlord jailed after defrauding HMRC out of £500,000

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News
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A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat

Many UK buildings are in danger of becoming unusable in heatwaves

Many UK buildings are in danger of becoming unusable in heatwaves

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As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate

'War on landlords' latest - 46,000 rental properties to disappear this year

'War on landlords' latest - 46,000 rental properties to disappear this year

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News
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An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE

The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

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With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

Frustrated landlord quits after 20 years in the sector

Frustrated landlord quits after 20 years in the sector

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After 20 years, landlord Sue quits the sector, citing frustration with anti-landlord sentiment and increasing regulatory burdens.

Minister defends excluding PBSA from tenancy changes

Minister defends excluding PBSA from tenancy changes

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Minister defends exempting student housing from new tenancy rules to keep in step with academic year agreements/

EXCLUSIVE: Can landlords still access councils' empty homes funding?

EXCLUSIVE: Can landlords still access councils' empty homes funding?

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Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,

What landlords letting abroad need to know about Making Tax Digital

What landlords letting abroad need to know about Making Tax Digital

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Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.

Newly qualified nurses struggle to afford to rent privately, Shelter claims

Newly qualified nurses struggle to afford to rent privately, Shelter claims

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Newly qualified nurses can’t afford to rent privately in almost half - 45% - of local authorities in England, according to new analysis from Shelter.

Landlords must not drag their heals over EPC ratings, warns bank director

Landlords must not drag their heals over EPC ratings, warns bank director

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Landlords must not to drag their heels when it comes to improving properties’ energy efficiency rating - or face potential issues with finding tradespeople and working with letting agents, a financial expert has warned.

More tenants are using alternative deposit schemes, new data reveals

More tenants are using alternative deposit schemes, new data reveals

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A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.

Tenants who are on benefits must get the Government support they need, says Propertymark

Tenants who are on benefits must get the Government support they need, says Propertymark

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Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.

Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

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A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.

Rogue landlords come under attack from Labour MP Tom Hayes

Rogue landlords come under attack from Labour MP Tom Hayes

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Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.

WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

Tenants on benefits will be pushed into poverty, warns NRLA

Tenants on benefits will be pushed into poverty, warns NRLA

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Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

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Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.

More companies are registered to hold buy-to-let property than for any other type of business

More companies are registered to hold buy-to-let property than for any other type of business

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More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

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Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

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The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned

Rising costs and stalled rent – a double whammy for landlords

Rising costs and stalled rent – a double whammy for landlords

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UK landlords face rising costs, regulatory complexity, and affordability challenges, with rent growth slowing despite ongoing demand.

Number of new licensing schemes lined up has surpassed last year’s total

Number of new licensing schemes lined up has surpassed last year’s total

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The number of licensing schemes lined up to launch this year has already surpassed last year’s total, as councils continue to put the financial squeeze on landlords.

Landlord avoids £29K rent repayment order after tribunal ruling

Landlord avoids £29K rent repayment order after tribunal ruling

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A landlord has avoided a £29,000 rent repayment order after a First Tier Property Tribunal ruled that he had been the victim of administrative failings by Southwark Council.

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

Renters' Rights Bill to be discussed by expert panel at National Landlord Investment Show

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The huge changes that the Renters' Rights Bill will introduce for private landlords will be addressed by a panel of top experts at this year’s National Landlord Investment Show.

Tenants likely to go for every target when tougher rent repayment orders take effect, warns solicitor

Tenants likely to go for every target when tougher rent repayment orders take effect, warns solicitor

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Tenants are likely to go after every plausible target when tougher rent repayment orders take effect later this year, a solicitor has warned.

Number of new tenancies agreed increases, Propertymark reveals

Number of new tenancies agreed increases, Propertymark reveals

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The average number of new tenancies agreed per lettings agent branch climbed to around eight in the first month of this year, a new report has revealed

Rogue landlords face revised penalties of up to £30,000 per offence, Haringey Council warns

Rogue landlords face revised penalties of up to £30,000 per offence, Haringey Council warns

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Haringey Council has introduced tougher fines for errant landlords in a bid to raise housing standards across the London borough.

Shrinking pool of rental homes continues to drive up rents, reports RICS

Shrinking pool of rental homes continues to drive up rents, reports RICS

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A shrinking pool of rental properties continued to drive up rents last month, despite reduced demand from tenants

Rental homes that aren’t up to scratch are under increased threat

Rental homes that aren’t up to scratch are under increased threat

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Private landlords whose properties aren’t up to scratch face a significant increase in pressure and threat when the Decent Home Standard kicks in.

Tenants urged by housing minister to challenge unfair rents

Tenants urged by housing minister to challenge unfair rents

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Tenants are being urged by the housing minister to challenge unfair rent increases.

Parents as landlords strain family relationships

Parents as landlords strain family relationships

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The ‘parent landlord’ phenomenon has caused increasing numbers of adult children to put a strain on family life, a new survey finds.

Student landlords urged to review contract accuracy

Student landlords urged to review contract accuracy

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Student landlords have been warned their existing contracts won’t be entirely accurate once the Renters’ Rights Bill takes effect after the summer.